Indian Economic Growth Story

[bharat]

Indian economy has witnessed many ups and downs and has faced many challenges. Although, according to the experts the long run economy well remain undamaged but there are several challenges in the short term. The Global Economic slowdown along with High inflation and fiscal deficit has also led to Indian economic growth slowdown. There has been 6.5% GDP growth in the year 2011-12. It is said to be the slowest in past 9 years. There has been remarkable growth in some sectors like the Industrial sector. However, recent research says that India is the 2nd largest economically confident nation in the World.

 

[traveller]

India is a young and developing nation. Indian economy despite of facing many twist and turns is now considered as World's third largest economy. Due to the Global Economic Slowdown, the economic growth in India has also to a great extent slowed down. Although India is facing several economic issues, yet it has seen massive economic growth in any many sectors. Since the time of Independence, the growth story of Indian economy has a positive trend.